SDP vs. BMVP ETF Comparison

Comparison of ProShares UltraShort Utilities (SDP) to Invesco Bloomberg MVP Multi-factor ETF (BMVP)

SDP

ProShares UltraShort Utilities

SDP Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. UtilitiesSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the utilities sector of the U.S. equity market. Component companies include, among others, electric utilities, gas utilities, multi-utilities and water utilities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$10.47

Average Daily Volume

16,620

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BMVP

Invesco Bloomberg MVP Multi-factor ETF

BMVP Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index seeks to include the 50 securities with the strongest momentum, most muted volatility, most inexpensive valuations, and highest profitability based on an aggregated sector-neutral "MVP" score. Stocks are selected from the top of each sector and size category in a manner designed to produce an index with sector and size dispersion similar to the overall broad market.

Grade (RS Rating)

Last Trade

$43.74

Average Daily Volume

1,402

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SDP	BMVP
30 Days	7.73%	-0.40%
60 Days	0.30%	0.47%
90 Days	-9.52%	-2.50%
12 Months	-9.88%

1 Overlapping Holdings

	Symbol	Grade	Weight in SDP	Weight in BMVP	Overlap
	PEG	B	2.93%	2.14%	2.14%

SDP Overweight 45 Positions Relative to BMVP

Symbol	Grade	Weight
NEE	D	12.13%
SO	B	6.91%
D	C	6.77%
DUK	C	6.69%
AEP	C	4.77%
EXC	D	4.51%
SRE	B	4.34%
XEL	D	3.36%
WEC	D	2.98%
ED	D	2.94%
ES	C	2.81%
EIX	C	2.7%
FE	C	2.6%
PPL	D	2.56%
DTE	D	2.52%
ETR	D	2.46%
AWK	B	2.31%
AEE	D	1.92%
CMS	D	1.82%
EVRG	D	1.5%
LNT	B	1.35%
ATO	D	1.34%
AES	D	1.33%
CNP	B	1.33%
WTRG	C	1.07%
NI	B	1.06%
PNW	C	1.03%
VST	C	1.01%
NRG	D	0.95%
UGI	D	0.91%
MDU	C	0.58%
IDA	D	0.54%
HE	F	0.51%
POR	D	0.51%
OGS	C	0.49%
BKH	D	0.49%
SR	C	0.42%
ALE	C	0.42%
SWX	D	0.41%
NJR	D	0.41%
PNM	D	0.4%
NFG	D	0.38%
NWE	D	0.37%
AVA	D	0.32%
AGR	C	0.28%

SDP Underweight 9 Positions Relative to BMVP

Symbol	Grade	Weight
NTAP	A	-2.38%
KLAC	B	-2.29%
WMT	A	-2.18%
IRM	B	-2.17%
LDOS	B	-2.16%
SYF	B	-2.12%
GRMN	C	-2.12%
MSI	B	-2.11%
MCK	B	-2.11%